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#Business ID: 19030

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Magaluf Sports Bar & Cafe

Business Location: Magaluf, Balearic Islands, Spain

Asking Price: € 80,000 Revenue: not disclosed Cash Flow: not disclosed

Business Summary

Now reduced for quick sale a bargain .!!!!
Sports Bar/ Cafe surrounded by apartments and large holiday complexes offering all day and night passing trade. Open year round with incredibly high takings this really is a big business opportunity. A rare find !
Just refurnished from top to toe plumbing electrics everything !!!.

A really popular and C ‘Bar/ Cafe’ business in an excellent location enjoying passing trade day and night with 8 large hotels surrounding the south facing terrace.As featured on ITV 2 AND BBC 3

The interior measures approximately 90 square meters with further seating outside on the large sunny terrace. Total seating to the interior and terrace for 95 people, plus additional seating at the bar and ample dance area. There is a long L shaped bar leading to the DJ cabin which is equipped with an impressive sound system, MP3 films, limiter, Karaoke system etc…

Specialist satellite system worth over £12,000 allowing 15 different programmes to be screened on the 15 different Plasma TV’s! 2 large projectors including full satellite system showing all main sporting events and pool table. The decor is beautiful and stylish and the bar is air conditioned throughout.

Compact yet well-equipped kitchen with quality appliances, including 5 microwaves, fryers, griddle, pizza oven, 2 fridges, freezer. Good quality cloakrooms and storeroom.

Opening hours from 8am until 4am, with 5 members of staff including owners. A fantastic bar menu already catering for breakfast, lunch, evening meals and snacks, with full cocktail drinks menu with no direct similar competition.
A well equipped adjoining Games Arcade is a great cash earner and attracts children, teenagers and families.

COMMENTS:

Note the low low rent!!! Unbelievable for such a big business, this is a must see!

A true gem of a find as it has been in the same family for over 30 years, currently a bar/ cafe with good all year round trade opportunity. Extremely low rent is also very appealing and long lease period. Current owners are available for 3 month handover.
For a shrewd business person this is a no brainer as all the development of the surrounding area to 4 more 5 star hotels and a shopping complex.This will be snapped up quickly.

Monthly Rental Price: €1,000

Property Details

Property Type:

Lease

Other Business Details

Business Location:

Magalluf, Balearic Islands

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